What are some of the primary incentives forpoliticians to advocate a larger federal budget? Would youconclude that democracy itself promotes budgetary growthor can more limited government coincide with democraticvalues in the United States today? Defend your answer withspecific examples.

Q: rch and development, rather than simply doing

A: The government does not directly spend on R&D because it wants to free up more funds for…

Q: Describe three ways a government policymaker can try to raise the growth in living standards in a…

A: Living standards are the quality of living, comfort, wealth, and other necessities of a specific…

Q: Should the United States government attempt to operate under a balanced budget? Why, or why not?

A: In an economy, government budget refers to the statement under which government record preplanned…

Q: Please explain 2021 bipartisan infrastructure bill?" what is the relevance of if its work to adam…

A: Because it contains measures for infrastructure investment that would foster economic growth and…

Q: If a government wanted to improve the productivity of its human resources, what should it do? lower…

A: Productivity refers to the efficiency.  Factors of production are broadly divided into 4 categories…

Q: Please match each description with the appropriate approach to federal finance.   Policymakers…

A: This is the situation when the federal government spends more than it collects in taxes in a given…

Q: Explain how fiscal policy, monetary policy, and economic factors influence public budgeting. In what…

A: Macroeconomic unpredictability and uncertainty may have been caused by an assortment of internal as…

Q: Has our government been "spending against the wind" and handling the budget well (spending money to…

A: USA is a consumption based economy with twin deficits of high public debt and high current account…

Q: Some economists argue for the use of fiscal policy to solveeconomic problems; others argue against…

A: Meaning of Fiscal Policy: The term fiscal policy refers to the situation under which the…

Q: How might an increase in government spending affect the national debt and economic growth in the…

A: The issue is to determine the effect of an expansion in government spending on public obligation and…

Q: Policymakers should reduce spending and increase taxes when the economy is growing in order to…

A: Hi.  Since there are multiple questions we will answer only the first three questions.

Q: 6. If deficit spending "crowds out" some private investment, could fututre generations be worse off?…

A: Deficit spending refers to the situation of the government spendings being greater than the revenues…

Q: n the classical budgeting era from WWII to the early 70s, most citizens agreed on public policy and…

A: Keynes come up wit this policy keep the market at optimal levels and manage them after the WWII and…

Q: How does the typical state budget process work, and what are the various actors involved in that…

A: There are 5 questions and since we are not allowed to solve more than 3, the first 3 questions are…

Q: How does government spending pose a challenge to a business? And to the wider economy?

A: The government can pose a challenge to the businesses and to a wider economy in a number of ways.